Cameron Grove Newcastle Duplex - $100,000 Profit + Great Rental Return!
CAMERON GROVE, NSW
Cameron Grove Estate is a prime residential community, located a mere 30-minute drive from the heart of the Newcastle, and just 5 minutes away from the Hunter Expressway.
The options on this duplex property are endless…. rent both sides, live in one side – rent the other, rent one side – sell one side, sell one side – live in one side, live in one side and put grandma in the other. Of course with an instant equity uplift and a great rental yield of 6.2% we would definitely recommend that you hold both and make the most of that equity. Chris can walk you through the equity uplift process if this is a new concept for you – once you understand how it all works… the sky is the limit!!
Cameron Grove Estate is a master planned residential community which, when completed, will accommodate approximately 2,300 dwellings. With the proposed town square sporting a shopping centre, Harrigan’s Irish Pub and so much on your doorstep, you will find everything is only a short drive away. The town square also adjoins a large local park and lake system and will be developed in harmony with its natural surroundings.
With Lake Macquarie and Newcastle just minutes away, including the major shopping precincts of Charlestown and Kotara, you will have all the amenities, schools, shopping, restaurant and entertainment within easy reach.
A historic Tramway Corridor currently runs through Cameron Gove and it is intended to recapture its transport function through the creation of a pedestrian path and cycle way, linking with other pedestrian paths and cycle ways within and external to the estate.
The master plan for Cameron Grove provides for sporting facilities and parks, complimenting a major sporting facility that is to be established adjacent to the eastern boundary of the estate. Combined, these will provide significant recreational opportunities for future residents. The design of the estate will adhere to principles of water sensitive urban design, and integrated water cycle management will also be adopted with grey water recycling and refuse.
All residential developments will have to meet required standards for energy efficiency, and home design will be encouraged to feature elements such as natural heating and ventilation to minimise energy use. Commercial development will meet the criteria for energy efficiency in commercial buildings.
If you are looking for a great way to not only provide positive cash flow but instant equity uplift / profit then look no further than this fantastic Central Coast Duplex. Call Chris now on 0434 449 455 to discuss your investment options or drop us an email via the form below to get further information on the Estate.